Recent Global developments and recessions on economic cause to squeezed gold pattern. There are two critical points for its channel; one is for buy signal above 1285 point and the other one is for sell signal below 1239 point (detailed in graph). When the proper points will occured, RSI and MACD should also be considered by traders.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.